Cambodia and Laos casinos targeted for drug-trade money laundering
31st July 2019
Cambodia and Laos casinos targeted for drug-trade money laundering
Anti-narcotic investigators are searching for signs of money laundering in the casinos that have spread across Sihanoukville, a Cambodian coastal city that has become a magnet for Chinese high-rollers, amid the booming methamphetamine market in Southeast Asia. The United Nations Office on Drugs and Crime estimates the region’s meth market… Read More
Spain’s second-largest bank BBVA charged with corruption
30th July 2019
Spain’s second-largest bank BBVA charged with corruption
Spain’s National Court has charged Banco Bilbao Vizcaya Argentaria (BBVA) with “corruption and breach of confidence,” a court spokesman said on Monday. Anti-corruption prosecutors had referred the case to the high court five days earlier. BBVA is Spain’s second-largest bank, with a strong presence in Latin America and the south… Read More
Integrity investigation ordered into Government and Crown Casino handing of foreign visitors
30th July 2019
Integrity investigation ordered into Government and Crown Casino handing of foreign visitors
Commonwealth authorities and Crown Casino will face an integrity investigation amid allegations about efforts to lure Chinese gamblers to Australia. Attorney-General Christian Porter said he had referred allegations about Crown Casino to the Australian Commission for Law Enforcement Integrity. Crown has been the subject of a Nine News investigation… Read More
Andrew Wilkie calls for parliamentary inquiry into Crown Resorts
29th July 2019
Andrew Wilkie calls for parliamentary inquiry into Crown Resorts
Crown Resorts is facing calls for a federal parliamentary inquiry after days of revelations about its flagship Melbourne casino and payments to a brothel owner and alleged money launderer. Tasmanian independent MP Andrew Wilkie said Prime Minister Scott Morrison and Opposition Leader Anthony Albanese should back the joint… Read More
Russian Bitcoin Theft Suspect Sued for $100 Million by U.S.
29th July 2019
Russian Bitcoin Theft Suspect Sued for $100 Million by U.S.
Digital currency exchange BTC-e and one of its owners, a Russian whose extradition the U.S. is seeking from Greece to face criminal charges, now face a civil lawsuit in California. The U.S. is attempting to recover penalties of $100 million from the company and Alexander Vinnik for alleged violations of… Read More
Mexico says killing of Israelis linked to money laundering
29th July 2019
Mexico says killing of Israelis linked to money laundering
AP — Mexican officials say the shooting death of two Israelis at an upscale shopping mall in Mexico City is likely linked to drug cartels and money laundering. Mexico’s top police official won’t say which cartel may have been involved in the brazen assault, which included a diversionary attack with… Read More
Italian probe reveals how ‘criminal blockchain’ gives Toronto-area mobsters international authority
26th July 2019
Italian probe reveals how ‘criminal blockchain’ gives Toronto-area mobsters international authority
When his brother was killed last year in an ambush, Vincenzo Muià became the boss of his Mafia clan in southern Italy. One of his first acts of leadership was to gather his loyal soldiers to plan their defence. His next was avenging his brother. For that, he came to… Read More
Gambling on Crime
25th July 2019
Gambling on Crime
On Italian television, Brazilian football legend Roberto Carlos steps up to the ball and delivers his trademark free kick. It’s not a rerun of his long, curving 1997 Tournoi de France masterpiece — it’s a commercial for an online sports gambling company, Planetwin365, which has become a household name… Read More
Senate cannabis hearing shows challenges to rewriting pot laws despite growing support in Congress
24th July 2019
Senate cannabis hearing shows challenges to rewriting pot laws despite growing support in Congress
A much-hyped congressional hearing on easing cannabis banking restrictions served as a reminder Tuesday that reforming pot laws remains an uphill battle in Congress despite growing bipartisan support among lawmakers. The Senate Committee on Banking, Housing and Urban Affairs hosted a… Read More
This Ohio man is accused of trying to launder $19 million of bitcoin from the dark web
24th July 2019
This Ohio man is accused of trying to launder $19 million of bitcoin from the dark web
Silk Road, the infamous dark web black market where users bought and sold practically everything — including fake passports, illegal narcotics, weapons, hacking software and dangerous chemicals — was shut… Read More
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